v3.26.1
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Share capital
Additional paid-in capital
Treasury stock
Contributed surplus
Accumulated other comprehensive income/(loss)
Retained earnings / (accumulated deficit)
Shares outstanding starting balance (in shares) at Dec. 31, 2024   145,708,524          
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Shares issued (in shares)   47,060          
Shares repurchased (in shares) (1,252,657) (1,252,657)          
Shares outstanding ending balance (in shares) at Jun. 30, 2025   144,502,927          
Equity starting balance at Dec. 31, 2024   $ 1,468 $ 716,233 $ (10,174) $ 417,684 $ 3,211 $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Amortization of stock-based compensation     649        
Shares issued     132        
Treasury stock at cost (0 and 1,252,657 shares, respectively)       (10,025)      
Dividends declared         (72,001)    
Other comprehensive income/(loss)           (7,452)  
Net income/(loss) $ (30,411)           (30,411)
Equity ending balance at Jun. 30, 2025 $ 1,009,314 $ 1,468 717,014 (20,199) 345,683 (4,241) (30,411)
Shares outstanding starting balance (in shares) at Dec. 31, 2025 144,562,927 144,562,927          
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Shares issued (in shares)   5,872,497          
Shares repurchased (in shares) 0            
Shares outstanding ending balance (in shares) at Jun. 30, 2026 150,435,424 150,435,424          
Equity starting balance at Dec. 31, 2025 $ 960,862 $ 1,469 717,969 (20,199) 292,574 (4,520) (26,431)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Amortization of stock-based compensation     659        
Shares issued   59 63,822        
Dividends declared         (26,564)    
Other comprehensive income/(loss)           6,384  
Net income/(loss) 59,870           59,870
Dividends declared             (29,714)
Equity ending balance at Jun. 30, 2026 $ 1,035,378 $ 1,528 $ 782,450 $ (20,199) $ 266,010 $ 1,864 $ 3,725